Kimbell Royalty Partners Management
Management criteria checks 4/4
Kimbell Royalty Partners' CEO is Bob Ravnaas, appointed in Nov 2015, has a tenure of 8.5 years. total yearly compensation is $5.24M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 1.73% of the company’s shares, worth $27.40M. The average tenure of the management team and the board of directors is 7.9 years and 8.5 years respectively.
Key information
Bob Ravnaas
Chief executive officer
US$5.2m
Total compensation
| CEO salary percentage | 11.8% |
| CEO tenure | 8.5yrs |
| CEO ownership | 1.7% |
| Management average tenure | 7.9yrs |
| Board average tenure | 8.5yrs |
Recent management updates
Recent updates
Kimbell Royalty Partners: 2024 Production Guidance May Be Conservative
Apr 10Kimbell Royalty Partners: Looking At Projected Results And Distribution For 2024
Jan 13Kimbell Royalty Partners Is Worth Looking For The Right Entry Position
Dec 26Kimbell Royalty Partners: Closes LongPoint Acquisition And Issues $325 Million In Preferred Units
Oct 12Kimbell Royalty Partners: Yield May Reach 13% In 2024 With 75% Payout Ratio
Aug 03Kimbell Royalty Partners: Recent Acquisition Adds Nearly 20% To Distributable Cash Flow Per Unit
May 28Kimbell Royalty Partners Q4 2022 Earnings Preview
Feb 22Kimbell Royalty Partners: Weak Near-Term NG Prices Weigh On 2023 Projections
Feb 15Kimbell Royalty Partners: Bigger, But Not Better For Their Unitholders
Nov 09Kimbell Royalty Partners Q3 2022 Earnings Preview
Nov 02Kimbell Royalty Partners Should Deliver Quarterly Distributions Of Over $0.50 For A While
Sep 02Kimbell Royalty Partners Q2 2022 Earnings Preview
Aug 03Kimbell Royalty Partners Units Remain A Bargain Amid The Crude Oil Selloff
Jul 21Kimbell Royalty Partners: Estimated $2.80 Per Unit In Distributable Cash Flow For 2022 And 2023
May 28Kimbell Royalty Partners: Business-As-Usual During 2022, Albeit Very Profitable With A 10%+ Yield
Mar 13Kimbell Royalty Partners: A Look At Its Potential 2022 Results
Dec 31Kimbell Royalty Partners: Potential $0.45 Distribution For Q4 2021
Oct 30Kimbell Royalty Partners: May Have Nearly 20 Years Of Drilling Inventory
Jul 15Kimbell Royalty Partners, LP 2021 Q1 - Results - Earnings Call Presentation
May 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$42m |
| Dec 31 2023 | US$5m | US$620k | US$62m |
| Sep 30 2023 | n/a | n/a | US$81m |
| Jun 30 2023 | n/a | n/a | US$106m |
| Mar 31 2023 | n/a | n/a | US$127m |
| Dec 31 2022 | US$5m | US$575k | US$95m |
| Sep 30 2022 | n/a | n/a | US$86m |
| Jun 30 2022 | n/a | n/a | US$49m |
| Mar 31 2022 | n/a | n/a | US$14m |
| Dec 31 2021 | US$4m | US$575k | US$23m |
| Sep 30 2021 | n/a | n/a | -US$60m |
| Jun 30 2021 | n/a | n/a | -US$79m |
| Mar 31 2021 | n/a | n/a | -US$129m |
| Dec 31 2020 | US$4m | US$575k | -US$167m |
| Sep 30 2020 | n/a | n/a | -US$156m |
| Jun 30 2020 | n/a | n/a | -US$155m |
| Mar 31 2020 | n/a | n/a | -US$119m |
| Dec 31 2019 | US$2m | US$575k | -US$83m |
| Sep 30 2019 | n/a | n/a | -US$33m |
| Jun 30 2019 | n/a | n/a | -US$21m |
| Mar 31 2019 | n/a | n/a | -US$8m |
| Dec 31 2018 | US$5m | US$300k | -US$57m |
| Sep 30 2018 | n/a | n/a | -US$54m |
| Jun 30 2018 | n/a | n/a | -US$50m |
| Mar 31 2018 | n/a | n/a | -US$51m |
| Dec 31 2017 | US$994k | US$276k | US$1m |
Compensation vs Market: Bob's total compensation ($USD5.24M) is about average for companies of similar size in the US market ($USD5.66M).
Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.
CEO
Bob Ravnaas (65 yo)
8.5yrs
Tenure
US$5,239,989
Compensation
Mr. Robert Dean Ravnaas, also known as Bob, serves as Chairman of the Board at Kimbell Tiger Acquisition Corp. Mr. Ravnaas serves as President at KRP Bakken I LLC. He serves as Managing Partner at Rivercre...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO of Kimbell Royalty GP LLC | 8.5yrs | US$5.24m | 1.73% $ 27.4m | |
| Executive Vice Chairman of Kimbell Royalty GP LLC | 8.5yrs | US$2.70m | 1% $ 15.9m | |
| President & CFO of Kimbell Royalty GP LLC | 8.5yrs | US$4.71m | 1.16% $ 18.3m | |
| COO & Secretary of Kimbell Royalty GP LLC | 7yrs | US$3.21m | 0.77% $ 12.2m | |
| Controller of Kimbell Royalty GP LLC | 7.3yrs | US$641.75k | 0.074% $ 1.2m |
7.9yrs
Average Tenure
50yo
Average Age
Experienced Management: KRP's management team is seasoned and experienced (7.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO of Kimbell Royalty GP LLC | 8.5yrs | US$5.24m | 1.73% $ 27.4m | |
| Executive Vice Chairman of Kimbell Royalty GP LLC | 8.5yrs | US$2.70m | 1% $ 15.9m | |
| Independent Director of Kimbell Royalty GP LLC | 7.3yrs | US$269.15k | 0.12% $ 1.9m | |
| Independent Director of Kimbell Royalty GP LLC | 6.1yrs | US$269.15k | 0.13% $ 2.0m | |
| Director of Kimbell Royalty GP LLC | 8.5yrs | US$619.21k | 0.41% $ 6.5m | |
| Director of Kimbell Royalty GP LLC | 8.5yrs | US$190.36k | 0.12% $ 1.9m | |
| Director of Kimbell Royalty GP LLC | 8.5yrs | US$739.21k | 0.38% $ 6.1m | |
| Independent Director of Kimbell Royalty GP LLC | 7.3yrs | US$269.15k | 0.087% $ 1.4m |
8.5yrs
Average Tenure
64yo
Average Age
Experienced Board: KRP's board of directors are considered experienced (8.5 years average tenure).